News

During his opening remarks at the Five Star Diversity Symposium, Delgado said, "We simply cannot ignore that the absence of diversity fosters an environment of bigotry, racism, and prejudice—fueled by ignorance."

In its annual report to Congress, released Wednesday, the Federal Housing Finance Administration published the results of Dodd-Frank stress tests. The verdict? Federal Home Loan Banks came through sparkling. The GSEs, not so much.

Redfin measured housing markets' hotness based on the percentage of homes most likely to go under contract within 14 days. In the top three markets, more than 60 percent of homes met this criteria.

Curry reiterated in a public speech that his efforts to oversee fintechs are not meant to prevent innovation in the financial industry, but rather to encourage dialogue between banks and fintechs, according to a recent report.

The Federal Open Market Committee (FOMC) once again stood still on raising the federal funds rate this month due to disappointing economic indicators, leaving the looming question of when the Fed will make its move.

Zillow's Breakeven Horizon for the first quarter of 2016 was about one year and eight months, approximately three months shorter than it was at the end of 2015. See which cities homebuyers can break even on a home purchase fastest.

Fannie Mae has appointed GE Capital executive J. Douglas Watt as SVP and chief audit executive effective July 11.

Total refinance volume between Fannie Mae and Freddie Mac increased in April due to falling mortgage rates, according to the Federal Housing Finance Agency (FHFA).

As for the growing sentiment in the mortgage industry that millennials are not interested in homeownership, the survey results seem to indicate the contrary.

As it turns out, last year’s encouraging trend among Hispanic homeowners belies a widening gap in wealth between Hispanics and whites, according to a new report by Hispanic Wealth Project that looks at the past few years.